Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China
In 2014, the Digital Currency Electronic Payment (or DC/EP) was introduced in China with the goal of improving monetary and financial supervision. Following its initial trial in 2019, the effectiveness and level of acceptance of DC/EP among the people of the Republic of China is yet unknown. On that...
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| Language: | en en |
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Human Resource Management Academic Research Society (HRMARS)
2023
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| Online Access: | https://eprints.ums.edu.my/id/eprint/38412/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/38412/2/FULL%20TEXT.pdf https://eprints.ums.edu.my/id/eprint/38412/ http://dx.doi.org/10.6007/IJARBSS/v13-i10/18851 |
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| author | Wei, Yizhen Amer Azlan Abdul Jamal Rosle Mohidin |
| author_facet | Wei, Yizhen Amer Azlan Abdul Jamal Rosle Mohidin |
| author_sort | Wei, Yizhen |
| building | UMS Library |
| collection | Institutional Repository |
| content_provider | Universiti Malaysia Sabah |
| content_source | UMS Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | In 2014, the Digital Currency Electronic Payment (or DC/EP) was introduced in China with the goal of improving monetary and financial supervision. Following its initial trial in 2019, the effectiveness and level of acceptance of DC/EP among the people of the Republic of China is yet unknown. On that account, the purpose of this paper is to investigate the factors that drive the behavioral intention to use the DC/EP in China. Using quantitative online survey method, a total of 392 valid responses were received from the people that had used the DC/EP. Data was analysed through structural equation modelling technique using the SMARTPLS 4.0 software. The results suggest that perceived usefulness, perceived ease of use, user's attitude and user's trust are significantly associated with user's behavioral intention to use the DC/EP, and that there is a high acceptance of digital currency in China. Additionally, the results also showed the importance of social influence which significantly influences user’s intention to accept the new technology. The findings of this study serve as part of the theoretical foundation for future research into the deployment of digital currency electronic payment systems. |
| format | Article |
| id | my.ums.eprints-38412 |
| institution | Universiti Malaysia Sabah |
| language | en en |
| publishDate | 2023 |
| publisher | Human Resource Management Academic Research Society (HRMARS) |
| record_format | eprints |
| spelling | my.ums.eprints-384122024-03-01T07:17:57Z https://eprints.ums.edu.my/id/eprint/38412/ Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China Wei, Yizhen Amer Azlan Abdul Jamal Rosle Mohidin DS701-799.9 China HG1501-3550 Banking In 2014, the Digital Currency Electronic Payment (or DC/EP) was introduced in China with the goal of improving monetary and financial supervision. Following its initial trial in 2019, the effectiveness and level of acceptance of DC/EP among the people of the Republic of China is yet unknown. On that account, the purpose of this paper is to investigate the factors that drive the behavioral intention to use the DC/EP in China. Using quantitative online survey method, a total of 392 valid responses were received from the people that had used the DC/EP. Data was analysed through structural equation modelling technique using the SMARTPLS 4.0 software. The results suggest that perceived usefulness, perceived ease of use, user's attitude and user's trust are significantly associated with user's behavioral intention to use the DC/EP, and that there is a high acceptance of digital currency in China. Additionally, the results also showed the importance of social influence which significantly influences user’s intention to accept the new technology. The findings of this study serve as part of the theoretical foundation for future research into the deployment of digital currency electronic payment systems. Human Resource Management Academic Research Society (HRMARS) 2023 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/38412/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/38412/2/FULL%20TEXT.pdf Wei, Yizhen and Amer Azlan Abdul Jamal and Rosle Mohidin (2023) Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China. International Journal of Academic Research in Business and Social Sciences, 13. pp. 543-556. ISSN 2222-6990 http://dx.doi.org/10.6007/IJARBSS/v13-i10/18851 |
| spellingShingle | DS701-799.9 China HG1501-3550 Banking Wei, Yizhen Amer Azlan Abdul Jamal Rosle Mohidin Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title | Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title_full | Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title_fullStr | Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title_full_unstemmed | Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title_short | Understanding Users’ Behavioral Intention to Use the Digital Currency Electronic Payment in China |
| title_sort | understanding users’ behavioral intention to use the digital currency electronic payment in china |
| topic | DS701-799.9 China HG1501-3550 Banking |
| url | https://eprints.ums.edu.my/id/eprint/38412/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/38412/2/FULL%20TEXT.pdf https://eprints.ums.edu.my/id/eprint/38412/ http://dx.doi.org/10.6007/IJARBSS/v13-i10/18851 |
| url_provider | http://eprints.ums.edu.my/ |